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AV-Gad Holdings (XTAE:AVGD) Financial Strength : 2 (As of . 20)


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What is AV-Gad Holdings Financial Strength?

AV-Gad Holdings has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

AV-Gad Holdings Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

AV-Gad Holdings did not have earnings to cover the interest expense. As of today, AV-Gad Holdings's Altman Z-Score is 0.00.


Competitive Comparison of AV-Gad Holdings's Financial Strength

For the Real Estate - Development subindustry, AV-Gad Holdings's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AV-Gad Holdings's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AV-Gad Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where AV-Gad Holdings's Financial Strength falls into.



AV-Gad Holdings Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

AV-Gad Holdings's Interest Expense for the months ended in . 20 was ₪0.00 Mil. Its Operating Income for the months ended in . 20 was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₪0.00 Mil.

AV-Gad Holdings's Interest Coverage for the quarter that ended in . 20 is

AV-Gad Holdings had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

AV-Gad Holdings's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

AV-Gad Holdings has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AV-Gad Holdings  (XTAE:AVGD) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

AV-Gad Holdings has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


AV-Gad Holdings Financial Strength Related Terms

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AV-Gad Holdings (XTAE:AVGD) Business Description

Traded in Other Exchanges
N/A
Address
The Work 11, Raanana, ISR
AV-Gad Holdings Ltd is engaged in initiating and building urban renewal projects which usually include adding new apartments in old built-up residential areas, by strengthening and condensing on top of existing buildings or by demolishing old buildings and building new ones in their place.

AV-Gad Holdings (XTAE:AVGD) Headlines

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